Directorate Change

8 November 2007

                 THE BIOTECH GROWTH TRUST PLC (the "Company")                  

                            Resignation of Director                            

It is announced that Anthony Townsend has retired as a Director of the Company
with effect from 8 November 2007.

                                    - ENDS-                                    

For further information please contact:

Mark Pope       Frostrow Capital LLP                         020 3 008 4913